$BABA-W (09988.HK)$ Opened high with an increase of nearly 5%, reported at 142.2 Hong Kong dollars. The overnight US stock market. $Alibaba (BABA.US)$ Closed up 4.59% at 147.57 US dollars, then in the night market dropped nearly 1% to 146.2 US dollars.
In terms of news, Alibaba CEO Wu Yongming advocates for a comprehensive realization of "AI" in Alibaba's existing Business. Insiders revealed that all departments have been informed that their performance in 2025 will be assessed based on how they utilize AI to promote growth. Core E-Commerce departments, including Taobao and Tmall, are encouraged to adopt more AI technologies. Various teams are closely collaborating with the engineers of Tongyi Qianwen to jointly develop features that can enhance efficiency and user experience. Insiders stated that the company is also developing a series of AI native applications, some of which may launch this year. "Internally, we believe that the next killer application based on mature AI technology, one even more popular than Douyin, may emerge soon," said the insider.
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